SixThirty Announces Spring 2015 Accelerator Cohort

April 22, 2015

10:00 pm

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SixThirty might not invest in as many companies as other accelerators, but that’s because they give each of their selected startups a $100,000 investment. And it’s not like there are only a few people applying for the young, but powerful, accelerator either: this year close to 100 applications for the Spring 2015 class came in.

To date they’ve made 18 investments in 15 different companies, 11 of which are located outside of St. Louis and two of which are international startups. They also opt for later seed-stage fintech startups with working products.

In exchange for the $100,000 investment, each company exchanges a negotiated percentage of equity, usually between three and ten percent. And three of the six companies in this class also participated in the Fall 2014 cohort.

Selected participants will receive hands on training, mentoring, and networking opportunities with the top financial services companies in the region. The cohort will run from April 14 to July 16 and will be housed in the T-REx incubator space in downtown St. Louis. Companies will have a direct pipeline to follow-on funding, as well as opportunities to pitch to business leaders and potential clients.

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Will is a Senior Writer with Tech.Co, based out of America's Finest City: San Diego. He covers all territory West of the Mississippi river, digging deep for awesome local entrepreneurs, companies, and ideas. He's the resident Android junkie and will be happy to tell you why you should switch to the OS. When he's off the clock, Will focuses his literary talent on the art of creative writing...or you might find him surfing in Ocean Beach.
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